Roy Industries has eight employees. Each employee earns two vacation days a month. Roy pays its employees a weekly salary of $$1,000$ for a five$-$day workweek.

Requirements

Determine the amount of vacation expense for one month.

Journalize the entry to accrue the vacation expense for the month.

Requirement $1.$ Determine the amount of vacation expense for one month.

Select the correct formula and calculate Roy Industries' vacation expense for one month. $($Abbreviations used: Ees $=$ Employees; Mo$.=$ Month; Wk$.=$ Week.$)$

Mo$.$ vacation e$]$

Requirement $2.$ Journalize the entry to accrue the vacation expense for the month. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$